NBK opens in China

Ibrahim S. Dabdoub, NBK's Chief Executive Officer, said: 'NBK is particularly proud to be the first Arab bank to open in China. The decision was made to open a representative office in Shanghai based on the great economical and commercial developments China is witnessing, and is planning to have with different parts of the world, particularly the Arab world.'

Dabdoub added: 'Many experts and analysts consider China to be the great dominant power of the future. We at NBK, would certainly want to become involved into this promising market, and at the same time would like to serve our customers who own business interests in China by offering them our best banking solutions and consulting services to assist them in overcoming any financial obstacles they may encounter.'

'Our new entry to China is one of the many goals and aspirations that NBK has been planning for in its ambitious strategy of expansion to the entire globe. We are happy of our recent achievements and will surely keep on exploring new openings in the future,' he concluded.

NBK currently has the largest regional and international network of branches, representative offices and subsidiaries located in London, Geneva, Paris, New York, Singapore, Vietnam, Lebanon, Bahrain, Qatar, KSA, Jordan and Iraq.